Posted by dahsdebater on 3/1/2013 9:37:00 PM (view original):You said you own a business. If you take out a loan, do you report that as revenue?

It's funds that can be spent.

If I loan you $100 today, do you pretend you don't have it just because you have to pay me $120 next month?

As I said before, it's just numbers manipulation. Every business does it. So does our government. The difference is that businesses can't run a deficit forever. The government can. The deficit isn't real money. Your bank account isn't real money unless you withdraw it. It everyone went to their bank on Monday and withdrew all their funds, our banking infrastructure would collapse within a day. They do not have the actual funds to cover the accounts. If the government had to "pay the bill" next week, the US would collapse. It's not real money.

Of course, that could be because he desperately wants to believe that Obama is leading us down the path to recovery.

However, much like his backpedaling on his doomsday scenario due to the sequester, he's just a master manipulator. Folks like BL buy it hook, line and sinker. Which would be funny if they weren't in the majority.